Tory Palmquist Chats with Broker Extraordinaire Cara Ameer
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Market Competition
– No surprises here folks, the real estate market is more competitive than a game of Monopoly between high-stakes gamblers! This is due to the lack of inventory. Bidders with piles of money keep inflating the market and driving the prices to dizzying heights.
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Level Up Your Skills
– Any brokers and agents still dreaming about surviving this market with basic qualifications, need a reality check! It’s high time to beef up on their negotiation and creative marketing skills. Ameer advises to dig into market stats, know your neighborhoods and create marketing strategies that’ll knock the socks off the competitors.
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High Demand Markets
– Seeking that ticket to success? Target the high-demand markets. Bi-coastal properties are riding the real estate wave big time, thanks to remote working culture.
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Upgraded Properties are Hot
– A property dolled up with tasteful upgrades is equivalent to the prom queen at a high school dance. It’s all the rage now! Buyers are ready to shell out extra bucks for that updated kitchen, new flooring, or chic lighting fixtures.
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Maximize Your Network
– When it comes to real estate, your network is your net worth according to Ameer. Nurture those relationships and make use of referrals, because your next big deal could come from a friend of a friend.
Hot Take
Pull up a chair and get ready for this spicy take, folks. As Palmquist and Ameer clearly outlined, traditional brokerage tactics have exited the building along with Elvis. The only ticket to success is to roll up your sleeves and wade into this shark tank with next-level negotiation skills, marketing strategies that could sell ice to Eskimos, and a network that could make the Illuminati envious. The bi-coastal market is hotter than a spicy burrito at a Chilli festival, and folks are willing to splurge on upgraded properties than ever before. So, grab your suit, put on your battle face and get ready to fight tooth and nail to conquer this real estate jungle! It’s not for the faint-hearted, that’s for certain. But as they say, no risk, no reward, right?
Original article: https://www.inman.com/2024/02/05/its-the-little-things-not-the-big-things-that-upend-transactions/
